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How to be an entrepreneur

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How to be an entrepreneur

  1. 1. HOW TO BE ANENTREPRENEUR
  2. 2. What to do after graduation?Are you going to take an office job …… or become an engineer, or doctor, like the rest of Egypt?
  3. 3. Or do you have what it takes to be an ENTREPRENEUR
  4. 4. Entrepreneurs are Superheroes Because they innovate Create competition Create new jobs Generate revenue and inspire others
  5. 5. Characteristics of anEntrepreneur
  6. 6. Example of Successful YoungEntrepreneurName: MarkZuckerbergAge: 25Started Facebook.comwhile studyingcomputer science atHarvard University. CEO and Founder of Facebook
  7. 7. Example of Successful ArabEntrepreneurName: Fadi GhandourAge: 51Founded ARAMEX in 1982Aramex was the first Arabcompany to be listed onNASDAQ CEO and Founder of Aramex
  8. 8. Example of Successful EgyptianEntrepreneurs Name: Nadia & Hind Wassef Age: 35 & 38 Opened Diwan because they loved reading, and wanted to create a place that would celebrate Arab culture. Founders of Diwan Bookstore
  9. 9. Example of Successful Young Egyptian EntrepreneurName: Mostafa HafezAge: 26Founded Timeline Interactiveafter graduating from AinShams University (ComputerScience). Founder of Timeline Interactive
  10. 10. So, HOW do you get there?
  11. 11. First steps for Start-ups 11. Finance Write a business- plan Calculate your costs Double that! (be on safe side, you’re always missing things) Find angel investing 1(family, friends, FIRSTEPs for Start-ups taken from material by Eric Zoetmulder SFD)
  12. 12. First steps for Start-ups 12. Interest & Commitment Be passionate about what you do, you won’t have time for anything else! Don’t just go for money, you will fail1 FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
  13. 13. First steps for Start-ups 13. Realistic Do market-research (who are your clients, main competitors) Start with realistic goals Respond to real 1consumer need FIRSTEPs for Start-ups taken from material by Eric Zoetmulder
  14. 14. First steps for Start-ups4. Strategy Make a strategic plan: how to go from zero to your Unique Value Proposition
  15. 15. First steps for Start-ups5. Timing Time the release of your product If you’re too early, consumers won’t be interested If you’re too late, others will have taken your model
  16. 16. First steps for Start-ups6. Encouragement Get feedback from friends, family & look for a mentor. You need their support
  17. 17. First steps for Start-ups7. Planning Plan for the worst case scenario – so you’re always prepared.
  18. 18. But most importantly...Don’t be afraid to FAIL!When you FAIL, it means youtook the RISK and learned..FAILURE teaches you how todo BETTER next time...
  19. 19. Sources of Support“Large tomedium sized”“High-growthSMEs”“Start-up/Business-plan”“Idea”
  20. 20. Endeavour works with HIGH-IMPACTentrepreneurs Ahmed Heba Jammal Omar Metwally & & Tarek Fathy Mostafa Khaddaj Hafez Fatma Nadia & Khaled Ghaly Hind Ismail Wassef
  21. 21. In order for more entrepreneurs to become HIGH IMPACT, we need to build an entrepreneurial ecosystem
  22. 22. youThank Any tions? Q ues

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